Steak 'n Shake to Accept Bitcoin Payments Starting May 16, 2025, Boosting Sales by 15%
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 28 2025- Bitcoin Payment Implementation: Steak 'n Shake announced it will accept Bitcoin payments at all locations starting May 16, 2025, utilizing the Lightning Network for faster transactions and reduced fees, which is expected to significantly enhance customer experience and transaction volumes.
- Significant Sales Growth: The company reports a 15% increase in same-store sales attributed to Bitcoin customers, indicating a positive impact of cryptocurrency acceptance on revenue and potentially leading to industry-wide transformations.
- Customer Rewards Program: The partnership with Fold Holdings Inc. offers Bitcoin rewards to customers, encouraging greater patronage and further integrating cryptocurrency into daily transactions, thereby enhancing customer loyalty.
- Strategic Investment Outlook: Steak 'n Shake's acceptance of Bitcoin marks a pivotal milestone for the fast-food industry, expected to drive blockchain technology innovations such as a
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
